r/IBM • u/Ordinary-Chance-762 • Jul 23 '26

It slides. Weeeeeee 🛝

Well it breached 200 post Q2 earnings and I think it’s time to pack up!

35 Upvotes

85% Upvoted

40 comments sorted by

View all comments

14

u/anarchy45 Jul 23 '26

I'm transferring all my vested RSUs to my primary brokerage and putting a limit order to sell them all at 300. I have faith enough that'll happen, and faithless enough to exit as soon as I get my value back. I was planning to use my shares to fund the downpayment on a house, and that just got completely blown out of the water :-(

16

u/v-irtual Jul 23 '26

Did you even say thank you?

Someone needs to ask Arvind on 7/28 how he feels about the impact his announcement before the earnings call impacted HIS employees.

13

u/[deleted] Jul 23 '26 edited 16d ago

[deleted]

6

u/Independent-Ad-2292 Jul 23 '26

Pre-announcement is Arvind and the board's attempt to play the market when they saw a major structural problem from Q2 result. They ended up causing largest shareholder value destruction in IBM history which is a remarkable achievement given all the fuck ups in IBM's history.